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FOX Business
Oct 6, 2012 12:00am EDT
of another 68,000. and so we're seeing steady improvement in this economy. i will talk for a minute as employer. i've been in the private sector for two decades. i'm in a community that had double-digit unemployment. we're seeing job growth and seeing employers beginning to hire again. would i say this i have every faith and confidence that the data put out by the federal government is fair, nonpartisan. tony who was, george bush's deputy press secretary said of course these aren't manipulated. melissa: i didn't accuse you of manipulating them. i don't for one second doubt them. i'm saying the two surveys, the numbers are very different. 1, one, 8 -- 873,000 added. but 750,000 showing up working on one but not showing on payrolls. that means they're not working in offices. maybe they're selling stuff on ebay, working part time. doing things that don't show up. how do you reconcile those 7508,000 people who aren't showing up on payrolls? >> well, i'm not sure i can specifically reconcile. i will tell you these surveys tend to have lags in them. again the trend line is absolutely clea
FOX Business
Oct 10, 2012 4:00pm EDT
hard landing. stabilizing around here helping out the world economy tremendously but in my opinion still remains to be seen. i am not quite sure, china will hold 7.5% level. sandra: charlie, you see reason to play defense into the upcoming election. in fact, you say there is a way to say if romney wins or if president obama wins. what would that exactly be if there was various outcomes to the election, obviously? >> i think the chances are that capital i believe pretty much on strike for most of this year is going to see the potential for better economy, the first year of any administration doesn't tend to be that good of a year for the market or the economy. the market would definitely see the possibility to come off the sideline in the later part of next year into 2014. your previous guest talking about how a win for obama pretty much has been discounted, but if you see it, it'll be capital sitting on its hands for the next four years. david: if in fact obama wins the election, fiscal cliff is resolved, therefore you think all this cash, we are seeing great market again, but it h
FOX Business
Oct 7, 2012 1:30am EDT
this, the whole economy is going to come skidding to a halt. >> and ben, the irony of course the debates focused on the economy and this seems like question he number one. >> i'm floored, charles, i'm glad you brought it up. the sequester is probably as bad an idea as ever come out of congress and the white house. the idea to me in particular, of cutting the defense budget, 5% of the budget, equally, roughly 5% of gdp, very, very roughly, more like 4%. >> right. >> ehe quali with domestic spending is just insanity, it's suicide. if mr. osama bin laden were still alive, he would like us to be doing this. everyone would like us to be disarming unilaterally and it makes no sense at all. >> adam, i've got to say, mitt romney brought up simpson bowles, even though the question was never asked and acknowledging the question something needs to be done. >> he brought up simpson bowles, and either candidate is discussing the fiscal cliff, there isn't much difference between them. a pox on both their houses. >> it's a bipartisan mistake and problem. i don't disagree with what jerry and ben
FOX Business
Oct 10, 2012 5:00pm EDT
of the sanctions. iran's economy is being squeezed. it can't sell oil that it wants to in the quantities that it wants to. the result is there is no confidence in the local currency, the rial. but as yet, it hasn't had the effect of changing tehran's mind in its nuclear program. the first indication which would be a willingness to cooperate with the rest of the world and to answer some rather pertinent questions about its nuclear program. what was it doing and what were those activities all about? melissa: in the meantime we've been hearing reports about this growing rift between ahmadinejad and the ayatollah khomeni. do you believe that and how does that change the situation? >> it helps the situation but it doesn't really change the situation. confusingly iran has not only a president, ahmadinejad but also a supreme leader, ayatollah ali khomeni. the supreme leader, as the name would suggest, is much more senior person than the president and the problem here is that although ahmadinejad was khomeni's candidate for the job, not only in 2004 when he got it but in 2008 when he
FOX Business
Oct 13, 2012 12:00am EDT
demand on weakening global economy. >>> business software company public debut is the biggest ipo since facebook. that was back in may. >>> to our top story tonight i don't know about you but envision peace and olive branches when i picture the european union. look at the pictures. riots in the street. thousands of protesters. nazi flags flying to greet german chancellor angela merkel in greece. the e.u. was named the winner of the nobel peace prize somehow. with me is economist peter morici. so happy to have you here. i'm baffled. i don't know, can you -- >> i'm more than baffled. barack obama got one a couple years ago for doing nothing but his promise. riots in greece. people are eating out of garbage appeals and dumpsters in spain all because of austerity being imposed on them by the north and the european union get as peace prize for that? maybe they ought to roll tanks through athens and maybe they give them two of them. melissa: i don't know. these pictures we're looking at right now do not scream peace to me. you know, the chairman of the panel was a little testy at the pr
FOX Business
Oct 9, 2012 8:00pm EDT
not have his hands around basic facts and figures about the economy. people are saying in the business community is that a guy that's unconnected -- this detached could ruin another four years for the country. neil: you reminded me that things could change in politics. a week ago at this time, mitt romney couldn't win. are we to tread carefully here making statements? >> you know, here is the deal. the romney campaign is on an upsurge. fundraisers, super pac razors, everybody on the gop is going to take advantage of that. because we never know what's going to be on the flipside. we don't know what's coming around after the next debate. so everybody is taking advantage of it. yes, your answer is we are on a roll right noo and we are taking advantage of it and we are going to do everything that we can. we don't know. you know come the next flip back and it can be obama. this is a very volatile race and it's tight. >> there is no doubt a couple of weeks ago and it looked like he was losing -- there was no doubt that his contribution -- they were saying that we are going to divert
FOX Business
Oct 9, 2012 6:00pm EDT
economy back on track. wall street's top ceos and jpmorgan's dimon saying it's time for a deal. they are tired of kicking the can down the road. avoiding the fiscal cliff requires political sacrifice on both sides. they are not alone wanting a certain degree of state for the markets, and in turn, for investors. joining me is president for america's for tax reform. welcome back to the show. a pleasure to be with you here. >> great to be with you. gerri: they want more in taxes, cutting in spending. with friends like these, who needs enemies, grover? how do you react? >> read today's "new york times," there's an article about the idiot rich businessmen in france who raised taxes a little bit and cut spending and elect the socialist president of france who is now raising their personal income taxes to 75% and their capital gains taxes to 60%, and these very, very smart businessmen who brought this on themselves are running for the borders. gerri: nobody's suggesting that here. in fact -- >> they were not in france either. gerri: even mitt romney in the debate said why not bowles-simpson? it
FOX Business
Oct 9, 2012 10:00pm EDT
menace to our economy. lou: governor romney mentioning big bird in last week's debate as he proposed cuts and fundi to the public broadcasting system among a whole bunch of other cuts, it has not stopped sesame workshop from objecting to the president's campaign ad, the nonprofit organization wrote quote, we have approved nong campaign add and as of our general practice, have requested that they be taken down, big bird joining the aarp, and a cincinnati deli owner and nbc's andrea mitchell on the list of people who' the obama campaign to just leave them out of the obama campaign, bad news piling up for the president, some of his most reliable brends hitting him hard, little bi politic coct small ball. and the silly obama campaign. and nbc news called ad absurd, their chief white house correspondent chuck todd said, quote, when can the obama campaign going to stop talking about the debate. they cannot se to turn the page from the debate. any conversation about that debate, i assume helped mitt romney. that is the realityhat is beginning to set in scores of new polls show governor romn
FOX Business
Oct 6, 2012 10:00am EDT
perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million americans still unemployed, under employed, or having simply given up looking for work. crude oil dropping again on concerns of slow economic growth. crude oil down a dollar 83 under $90 a barrel. for california, prices statewide for gasoline are $4.99 a station, and some stations charges $6 a gallon. others shut down because of gasoline shortages. nationally, the price of a gallon is now $3.79. good news, however, exxon reporting its refinery in california is back up to full operating capacity, but the chevron is still not at full capacity. we are joined by the former congressional budget office director, the of the american action forum. doug, good to have you with us. i never heard people be intelligent in their own special wa
FOX Business
Oct 9, 2012 5:00pm EDT
economy sent stocks sliding down 110 points. nasdaq was the day's biggest loser posting its largest loss since june 25th. earnings season starts off on a good foot. alcoa beat estimates on top and bottom line. shares are getting a nice pop after-hours. >>> government is filing a civil suit against wells fargo. they are accused of reckless behavior issuing federally backed loans. shares of wells fargo fell nearly 2%. >>> all right, our top story today, german chancellor angela merkel arrived in greece today and was met with massive protests. some greeks even dressed as nazis to mock the german leader that is so nice. what a great welcome. why are the greeks protesting one of the few people who might actually be able to help them escape a economic meltdown? joining me for more on this story, university of chicago proper professor charles lipscomb and former director of the congressional budget office, douglas holtz-eakin. thanks to you both for joining us. doug, what do you think of those pictures? >> i think this is a reminder that greeks have not done the hard reforms they need to b
FOX Business
Oct 8, 2012 6:00pm EDT
contracted for 11 straight months, and the economy is flat line right now, so they have a predicament where they bought much too much. gerri: one of the biggest threats to the u.s. economy now is china's economy. i want to change tax a little bit and talk but mitt romney. he had an impressive delivery today on foreign policy. a big speech. here's what he had to say. >> the president is fond of saying that the tide of war is receding, and i want to believe him as much as anyone else. when we look at the middle east today with a run closer than ever to nuclear weapons capability, with the conflict and syria threatening to destabilize the region and with violent extremists on the march and with an american ambassador and three others dead, likely at the hands of terrorists. it is to the rest of conflict is higher now than when the president took office. gerri: does he have that right? >> i think he absolutely does. i have been waiting 25 years for the speech. romney david. he was channeling reagan, harkening back to the notion that america uses our economic power to influence events in t
FOX Business
Oct 13, 2012 11:00pm EDT
us at us ban are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. nepink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. gerri: when it comes to the fact that matter the most the jobs market debt and deficit in his easy to of this gate and we saw lot of that last night with the vice-presidential debate. i want to set the record straight. vice president biden use the word fact 26 times the hard pressed to deliver any. over tax policy biden: the only way to find $5 trillion of loopholes is to cut the mortgage deduction, health care deduction
FOX Business
Oct 10, 2012 8:00pm EDT
down by a president who has never created any jobs and does not understand how the economy works. neil: this is from local to viral, he is not aaone, insisting that every business guy that i know in this country is frightened of barack obama and the way he thinks, any regular viewer of this show knows that mr. wynn is not shy. there is something more alarming to his tone now. a bad situation he thinks is getting worse, and now, very much going viral, and going way beyond the white house, wynn attacked ben bernanke, an easy monetary policy he likened to a ponzi scheme. >> we did what bernie played of went to -- made off went to jail for, federal reserve, printed money and bought bonds from government as if there was really an action and a buyer. neil: that is the world's greatest gambler calling washington's bluff, not with a poker face, but with a rid face, mad as hell and he ain't gonna take it any more face. this is a story of how in so doing, steve wynn might have just offended this presidential race, and unfortunately, it is the president who could be coming up snake eyes. so
FOX Business
Oct 8, 2012 4:00pm EDT
apple brand, sor is this -- or is this a larger statement about the economy as a whole? >> well, i think it has a little less to do with the economy and a lot to do with production. there's some riding going out, and there's rumors that it's going to cause all kinds of production problems. heading into the christmas season, that can't be a good thing for apple, and that's really why it was selling off so big. don't be shocked if we see some buying tomorrow. there are a lot of people taking off today for columbus day, um, so, you know, i'm not going to put too much stock in kind of apple's move or the market overall -- david: although it traded down at the end of the day. i've got to tell you, it traded down below 2% going into the end of the trading day, so that's not a good sign for the beginning of tomorrow, is it? >> not at all. off almost 10% from the highs. but, you know, tomorrow we'll see whether the big institutions step in and start buying. you know, this is one of those weeks where there's really not a lot out there, right? we've got the vice presidential debates, we have littl
FOX Business
Oct 11, 2012 7:00pm EDT
questions loom large over all of the days events and developments in the political economy. why was adequate security denied the u.s. consulate in benghazi. the question remains, and why does the administration continue to carry out a political cover-up of the terrorist attack that results in the deaths of u.s. ambassador, christopher stevens and three other americans. in washington, it seems that many americans believe that every bureaucracy and agency in washington is either politicized , incapable, or simply dysfunctional, the result is rising distrust of the government. today, the numbers in our government labored upon the report created suspicion, uncertainty, and a new dimension of mistrust. weekly jobless claims came in with low expectations the president once again asserting that the tax code is designed. in other words from the man was shot in the head and neck if he commuted to work in yemen. we will have the latest developments tonight. the latest in a series of incredible statements by stephanie cutter. touching on the tragedy in benghazi. carter's rationale for why the murder of
FOX Business
Oct 10, 2012 3:00pm EDT
for a fourth day of losses. the dow down triple digits near session lows right now. the economy is "modestly growing." that has not turned the market around. the biggest laggers on the dow, chevron, alcoa, and caterpillar. facing a broad-based selloff. across the board, we will keep our eye on those stocks for you. no surprise to see alcoa drop in today. kicking off earnings after the bell yesterday beat estimates but cut global demand, that outlook anyway and that stock is suffering. yum much better after his report, shares are rallying this morning. apple flipping two days of losses, in green territory. shares are up as well expecting a smaller version of the popular ipad coming next week. of course we will be covering it for you on fox business. traders on the new york stock exchange, cme group and the nymex. not even sure what to call this report today out of the fed. >> neutral and unexciting, that is what we got. the facts and the data we're getting, the market trending based upon third-quarter earnings pretty much telegraphed into the market. quite interesting to me how we d
FOX Business
Oct 12, 2012 3:00pm EDT
economy nd some lower spending, $60 million year over year and those numbers are down from the record $1.4 trillion in deficits we saw in 2009. we like to give you the monthly number for september. last month of the fiscal year. here's something you don't see every way. a surplus of $75 billion compared to a deficit of $73 billion in september last year. that is mainly due to accounting items, the biggest one being a shift in $60 billion in government benefit payments for social security and medicare and other things into august's of this year because of weekends and holidays in september. the administration is projecting a end to this trillion dollar trend for this fiscal year, 2013, budget forecasts projecting a deficit for 2013 of 990 one billion dollars. liz: a top $1 trillion for the fourth year roebuck monthly there's a surplus? we are looking for grain shoots. is that the start of a trend possibly? >> no. no. if we are looking at a 990 one billion dollar deficit for 2013, we are still going to have a lot of red ink. the september thing, lot of it was accounting changes and shif
FOX Business
Oct 12, 2012 11:00am EDT
topic is the economy and the question of is it possible to get unemployment under 6%. >> we can and we will get it under 6%. let's take a look at the facts. let's look where we were when we came to office. economy was in free fall. we had the great recession hit. nine million people lost their jobs. 1.7 -- 1$.6 trillion of wealth loss in equity in your home and retirement for the middle-class. >> neil cavuto from fox business. a lot of substance last night but will the debate be remembered for that? neil: i don't think vice presidential debates tend to be. the vice president debating by and large a recent phenomenon. i don't know if it moves the needle. the instant reaction was the vice president won. he got the better of it just because of that. interested the freefall of the president. some of you said that. probably adds pressure to the president now. you have got to deliver in your face game but can the president do that and does it risk for the president to act like that, still kind of in a no-win situation. i got a kick out of the smirk for one thing and paul ryan -- what are you
FOX Business
Oct 9, 2012 9:20am EDT
all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. like in a special opsission? you'd spot movement, gather intelligence wh minimal collateral damage. but rather than neutralizing enemies in their sleep, u'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading pl
FOX Business
Oct 6, 2012 11:00pm EDT
you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it. we saw 30 days ago the fed announced a open ended printing of money to get asset prices up, and they say 50 days before election, this one is a joke. if you noticed anything about this number, the estimates of job gains came in the exact amount it was supposed to which should have kept it at 8.2%. the estimates, somehow we got to 7.8%, and the use the most of tiles survey, the household survey. gerri: we will get to that. >> 400,000. gerri: can these numbers be sai's? >> i don't think they can. we have had rumors of bls massaging numbers for the benefit of the democrats back under the nixon administration. in fact, that was one of richard nixon's source of paranoia, that the bls was out to get him, making the economy looked at so that he could not get reelected. that did not prove to be true. what the other person just dated was exactly right. the household survey
FOX Business
Oct 12, 2012 6:00pm EDT
the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup pl, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. gerri: when it comes to the fact that matter the most the jobs market debt and deficit in his easy to of this gate and we saw lot of that last night with the vice-presidential debate. i want to set the record straight. vice president biden use the word fact 26 times the hard pressed to deliver any. over tax policy biden: the only way t
FOX Business
Oct 5, 2012 8:00pm EDT
told us no tax increases on 81 making less than $250,000. the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen th
FOX Business
Oct 8, 2012 5:00pm EDT
crisis. then they will be hopefully from their point of view get back into the global economy. melissa: so we get into a military crisis with them? how do you see this playing out to their benefit? >> basically what they're trying to do is create a sense among the global community, right, united nations, you've got 200 countries. they're trying to create a sisism that puts the u.s. and israel on one side and europe staying neutral because of their own economic woes and some other countries like africa and indonesia, staying out of the issues or being on the iranian side in terms of it their sovereignty? >> is it working? >> unfortunately we don't have a lot of good polesy options. sanctions are having an impact on iran. they're cratering the currency. what we're hoping for though it rarely works this way, you will have the people of the country rise up and demand their government changes the course of action. almost it never works. melissa: how close are we to that? i had the discussion with numerous people on the show last week. the opinions are all over the map whether this
FOX Business
Oct 12, 2012 9:00pm EDT
raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i'vfound a way. who maers most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. gerri: mitt romney to give a major policy speech next friday the national debt is a big campaign issue. we have for the deficit is 1 trillion dollars. washington has run fo straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue ittook in 2.5 trillion of taxes ut spent 3.5 trillion it is now going to hit the limit before the year is out. the ea of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. none other than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is john brbrowne he believes they do not deserve the award. we also have the opposing view. richard, i will read the review of the european union for over six decades
FOX Business
Oct 11, 2012 9:00pm EDT
: you have to cr credibility. biden: they see an economy crippled, that there's 50% fewer exports of oil. he sees the currency going into the tank. he sees the economy going in a free fall, and he sees the world for the first time totally united in opposition to him getting a nuclear weapon. with regard to bb, he's been my phren, and the president met with him a dozen times and spoke with him as much as anybody. i was -- just before he went to the u.n., i was in a conference call with the president, with him talking to bb for well over an hour, and stark relief in what was going on. this is a bunch of stuff. >> moderator: what's that mean, "a bunch of stuff"? ryan: it's irish. biden: it is. the secretary of defense can't walk anything back. we will not alllw the iranians to get a nuclear weapon? what bb held up there was when they get to the point where they can enrich ewe rain yum enough to put in a weapon. they don't have a weapon to put it into. let's calm down a little bit here. iran is more isolated today than when we took office. it was on the asen den sigh when we took office. it'
FOX Business
Oct 10, 2012 6:00pm EDT
good for our economy. gerri breaks down how the president's new health plan will hurt your bottom line acts. and obama's campaign painted ronnie's tack when his tax plan black. we will ask professor harvey rosen later. and our financial expert will be with us. next on "the willis report." the gerri: well, there is an old saying that says when you're in a hole, stop digging. that is what is going on when it comes to the economy and the president obama's policy. our economy is like a car on winter morning, barely turning over. obamacare, health care law is a good case in point. a new study shows obamacare will cost a total of $26 billion to implement. just to implement the blizzards and blizzards of new regulations and paperwork required. again, i'm not talking about the increased costs or higher cost doctors. we are just looking at putting law into effect. here's the detail. the private sector will bear the biggest burden of those costs, $20.4 billion over the lifetime. states will have to pony up 7.2 billion. keep in mind, this is a law a lot of states don't even want to implement
FOX Business
Oct 9, 2012 11:00am EDT
they are talking about the many roadblocks as they see it to getting our economy back on track. dagen: peter barnes is in d.c. with a whole lot more. hey peter. peter: hey guys a football metaphor from the quarterback of the business roundtable this morning referring to the nfl lockout of professional referees that was resolved a couple of weeks ago, he joined the heads of the u.s. chamber of commerce, the national manufacturers association, and the national retail federation in calling on congress to reduce uncertainty in government policy to help create the confidence businesses large and small need to invest and hire. and with the clock running down, they urged congress and the white house to get moving on fixing the fiscal cliff. >> you really don't even have a tax code in the country today. this is for large business, medium sized business, mom and pop, the individual entrepreneur, what are the rules? i mean it is like we're playing with the replacement referees in the irs. peter: tom donahue of the u.s. chamber said nothing is going to happen until november 7th. first got to see
FOX Business
Oct 8, 2012 7:00pm EDT
helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: president obama's underperformance on the national stage, republican utah congressional candidate mia love will join us in just a moment to talk about the challenges of this election year. first, on wall street, stocks closing lower of what end of what is expected to be a weak earnings season, and beginning to rip, at least. perhaps some volatility. the dow jones industrial is down 26 points. the s&p fell five points, the nasdaq down 34 points. third-quarter kickoff tomorrow. companies in the s&p expected to post overall a decline in profits for the first time in nearly three years. about 2.5% lower of the previous years. meanwhile, the world bank slashed its growth outlook for the developing economies of eastern asia and the pacific region. about 7% down from an earlier projection of more than 7.5%. the weakest growth outlook in 11 years. turning back to politics, president obam
FOX Business
Oct 13, 2012 2:00am EDT
. that the european union do more. >> should you have the economies that were also? >> piece was insured by nato and the deterrent combined with the united kingdom is very complex. it has the elected parliament but has no power. it did is ruled by a appointed bureaucrats. even this has been highlighted with democratic the efficiency and then give sovereignty away to europe they have never given people a referendum. human-rights stifles free-speech they will make any dissension illegal. they find the leader in britain coming up to be the second party a tremendous fine for his personal view. gerri: something that shocked and surprised me angela merkel went to greece to talk to people as they try to help them to bail out from their problems and met with nazi protesters. there has been so much violence. how does the you deserve this award? >> exactly. >> greece is one country out of 27. they never said it was entirely responsible. had its share. >> share? it is one of%. >> nato has not been one 90% and is about reconciliation. >> let's take a look at the previous winners. what i woul
FOX Business
Oct 8, 2012 1:00pm EDT
economy is once again waying on the markets here in the united states. investors are also cautious ahead of the start of earnings season which unofficially kicks off tomorrow when dow heavyweight alcoa reports after the closing bell. right now the dow is down 28 points. >>> bp will sell its texas city refinery to marathon petroleum for 2 1/2 billion. the deal which is expected to close early next year also includes a portion of the british oil giant retail and logisticses network in the southeastern part of the united states. >>> general motors is revving up its workforce. they plan to hire up to 1500 employees for new information technology center in warren, michigan. this is the general motors second of four planned i.t. facilities in the u.s. that's the latest from the fox business network giving you the power to prosper lori: finally some good news for futures market investors who had money tied up with perigrine financial. you remember last july, russell wasendorf senior attempted suicide. which resulted in discovery of a 20-year fraud and loss of $20 million. vision financial broke
FOX Business
Oct 11, 2012 1:00pm EDT
see all the ways all of us at us bank are helping grow our economy. nding more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. heck your steps at foodsafety.gov. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships mter. i've been with my doctor for 12 ye
FOX Business
Oct 11, 2012 8:00pm EDT
business on main street that way, you should not run the economy that way. neil: in other words, if you can't come to an agreement. >> why can't we. you get to congress is when work. neil: but have you not done that. i understand, but i guess, you expect it to be a focus, democrats will blame republicans, and republicans democrats for stalling, in the end, is the onus on the vice president because he is the vice president. he is the lord of the incumbent administration, so paul ryan by comparison does not have as much comparison. >> talking still the fiscal? -- >> the vice presidential debate and this issue. >> the pressure is on both of them, they both have to deliver and ready to serve in vice president's offers, they have to show they are a good teammate to their presidential partner. neil: democrats always say the fear with joe biden he is glib, almost too glib, he might say something crazy. >> he speaks from the heart. >> you are not worried. >> no he speaks from the heart. neil: paul ryan. >> he is a smart guy, a numbers guy, i hope he tracks about the facts of his plan, and what
FOX Business
Oct 8, 2012 9:20am EDT
bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >> as expected in the early going, the first 14 minutes of business, it's earnings season and they're not likely to be-- hence the modest lost. the price of oil is below 90 a barrel and 89.29 at this moment. take a look at this, please, a new survey found that 70% of small business owners think president obama's policies are making it harder to do business. and joining the company is ed with trip scott. a law firm that those entrepreneurs and companies in south florida. welcome to the program. >> thank you. >> let's get this clear now, your business, your law firm works with small businesses and entrepreneurs. >> right. >> they come to you and say, hey, i've got a legal problem, a government problem. that happens. >> all the time. stuart: i want a list, what's are the problems they're running up against or into with the obama administration. >> first, the president do
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